IMAX China Holding (HKSE:01970) Debt-to-Equity : 0.01 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is IMAX China Holding Debt-to-Equity?

IMAX China Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.3 Mil. IMAX China Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10.3 Mil. IMAX China Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,986.6 Mil. IMAX China Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for IMAX China Holding's Debt-to-Equity or its related term are showing as below:

HKSE:01970' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.06
Current: 0.01

During the past 12 years, the highest Debt-to-Equity Ratio of IMAX China Holding was 0.06. The lowest was 0.01. And the median was 0.02.

HKSE:01970's Debt-to-Equity is ranked better than
99.88% of 844 companies
in the Media - Diversified industry
Industry Median: 0.29 vs HKSE:01970: 0.01

IMAX China Holding Debt-to-Equity Historical Data

The historical data trend for IMAX China Holding's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IMAX China Holding Debt-to-Equity Chart

IMAX China Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.03

0.02

0.06

0.01

IMAX China Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.02	-	0.06	0.05	0.01

Competitive Comparison of IMAX China Holding's Debt-to-Equity

For the Entertainment subindustry, IMAX China Holding's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IMAX China Holding's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IMAX China Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IMAX China Holding's Debt-to-Equity falls into.

IMAX China Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IMAX China Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.343	+	10.286)	/	1986.587
	=	0.01

IMAX China Holding's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3.343	+	10.286)	/	1986.587
	=	0.01

IMAX China Holding (HKSE:01970) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

IMAX China Holding Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of IMAX China Holding's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

IMAX China Holding (HKSE:01970) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IMAX China Holding Inc (HKSE:01970) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

IMXCF:USA IMK:Germany

Address

No. 128 West Nanjing Road, 7th Floor, Verdant Place, Huangpu District, Shanghai, CHN, 200003

Website

http://www.imax.cn

IMAX China Holding Inc is an investment holding company that operates in the Entertainment industry in China. The company, a subsidiary of IMAX Corporation, creates and distributes proprietary cinema presentation technology. It operates in the following segments: IMAX Technology Network, which earns revenue based on contingent box office receipts and includes the IMAX DMR films segment and contingent rent from the revenue sharing arrangements segment; IMAX Technology Sales and Maintenance, which includes results from IMAX Systems, IMAX Maintenance, and Other Theatre Business, as well as upfront fees from the revenue sharing arrangements; and New Business Initiatives and Other, which includes activities related to the exploration of new lines of business.

Executives

Imax (barbados) Holdings, Inc.
Imax Corporation

IMAX China Holding (HKSE:01970) Headlines

No Headlines